GCI Liberty Investing $100 Million in Liberty Latin America
GCI Liberty is also changing its name to Liberty Capital Corporation.
GCI Liberty is also changing its name to Liberty Capital Corporation.
WASHINGTON, May 7, 2026 – Alaskan broadband provider GCI Liberty has invested $107 million for a 6 percent stake in telecom firm Liberty Latin America, the companies announced Wednesday, and are in talks for more.
Longtime cable magnate John Malone is on both sides of the deal. He has a controlling interest in GCI Liberty and has a 27 percent voting interest in Liberty Latin America, where he serves as director emeritus. The ongoing talks are aimed at GCI acquiring Malone’s own shares of Liberty Latin America, a roughly 7 percent stake.
“We are pleased to begin executing on our growth strategy with this opportunistic investment in Liberty Latin America and hopeful that we can reach an agreement with John to acquire his interests,” GCI Liberty CEO Ron Duncan said in a statement.
Underwriters purchased an additional 83 million shares
Verizon is scrapping activation and upgrade fees as part of a broad push to simplify its offerings and redefine its relationship with customers
A Minnesota block lost its fiber over a $90,000 permit bill. The FCC can fix that.
Broadband Breakfast kicks off a three-part series on 250 years of American independence and 150 years of American telecommunications.